Osaki Electric Balance Sheet Health
Financial Health criteria checks 6/6
Osaki Electric has a total shareholder equity of ¥63.8B and total debt of ¥9.0B, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are ¥101.5B and ¥37.6B respectively. Osaki Electric's EBIT is ¥5.3B making its interest coverage ratio -86.6. It has cash and short-term investments of ¥15.8B.
Key information
14.1%
Debt to equity ratio
JP¥8.98b
Debt
| Interest coverage ratio | -86.6x |
| Cash | JP¥15.79b |
| Equity | JP¥63.84b |
| Total liabilities | JP¥37.62b |
| Total assets | JP¥101.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6644's short term assets (¥62.1B) exceed its short term liabilities (¥29.7B).
Long Term Liabilities: 6644's short term assets (¥62.1B) exceed its long term liabilities (¥7.9B).
Debt to Equity History and Analysis
Debt Level: 6644 has more cash than its total debt.
Reducing Debt: 6644's debt to equity ratio has reduced from 26.8% to 14.1% over the past 5 years.
Debt Coverage: 6644's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 6644 earns more interest than it pays, so coverage of interest payments is not a concern.